MasterCard has first swipe in Myanmar
MasterCard on Thursday said it had signed a deal with a Myanmar bank that it hopes will pave the way for electronic payments, in an impoverished country where most transactions are made in cash.
06 September 2012
Samsung acknowledges criticism of China plants
South Korea's Samsung Electronics acknowledged Wednesday criticisms of working conditions at its plants in China, but rejected a US-based watchdog's charge that they were "inhumane".
05 September 2012
Coffee giant Starbucks taps into tea-loving India
Starbucks is betting on big returns as it seeks to lure an expanding legion of coffee lovers in India -- primarily a tea-drinking nation where lifestyle changes have spawned a booming market for cafes.
05 September 2012
Lufthansa strike grounds hundreds of flights
German flag carrier Lufthansa on Tuesday cancelled over 200 flights at its Frankfurt hub, Europe's third busiest, as a union chief threatened to hit every German airport with a 24-hour strike on Friday.
05 September 2012
South Africa miners to be freed
South African courts are due Monday to start releasing 270 miners arrested over the deaths of fellow workers shot by police, after the murder charges against them were provisionally dropped.
Japan court rejects Apple patent claims against Samsung
A Japanese court Friday rejected Apple's claim that Samsung stole its technology, dealing a blow to the iPhone maker after last week winning $1.05 billion in damages in the US from its bitter rival.
Apple hits new record after big US court victory
Apple shares soared to a new all-time high Monday after the US tech giant's big win in a patent lawsuit against South Korea's Samsung, which saw its own stock tumble.
Beeline fined $1 million
KaR-Tel cellular operator has been fined $1 million for setting a threshold for connection to international roaming service.
27 August 2012
BHP offloads Australian uranium project to Cameco
BHP Billiton on Monday said it was selling one of Australia's largest underdeveloped uranium mines to Cameco for US$430 million, just days after delaying its Olympic Dam copper and uranium project.
27 August 2012
Nike stands by Armstrong after he loses titles
US sporting goods giant Nike was one of several sponsors sticking by Lance Armstrong on Friday after the US Anti-Doping Agency stripped the cycling legend of his record seven Tour de France titles.
26 August 2012
Apple scores huge win over Samsung in patent case
Apple won more than $1 billion in a massive US court victory over Samsung on Friday, in one of the biggest patent cases in decades -- a verdict that could have huge market repercussions.
25 August 2012
Elisabeth Murdoch calls for morality in media
Elisabeth Murdoch, daughter of Australian-born tycoon Rupert, urged the media to concentrate on morals as well as profit during a speech to television executives in Scotland on Thursday.
Billionaire George Soros invests in Man United
US billionaire George Soros has bought a stake in Manchester United, the British football club that made its Wall Street debut earlier this month, according to a filing with US regulators on Monday.
23 August 2012
Australia sees China chance in Chevron gas exit
Australian officials on Tuesday welcomed Chevron's decision to bow out of Woodside Petroleum's massive Browse liquefied natural gas project as a chance for Chinese investors to buy in.
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